Autodesk downgraded to Hold from Buy at Jefferies Jefferies downgraded Autodesk after its channel survey indicated weakening demand trends. The firm lowered its price target for shares to $34 from $39.
Autodesk estimates raised after 'robust' checks at Pacific Crest Pacific Crest raised its estimates for Autodesk to the higher end of management guidance after its European channel checks came back "robust." The firm says after some initially weak reseller checks in the U.K. and Germany, those markets have improved. It sees potential upside to guidance and keeps an Outperform rating on Autodesk.